3 Jul 2018 in National Assembly:
Hon. Speaker, I would like to contribute to the next Motion.
view
3 Jul 2018 in National Assembly:
Thank you, Hon. Deputy Speaker for giving me this opportunity to speak on this Bill. I want to say that…
view
3 Jul 2018 in National Assembly:
Thank you, Hon. Deputy Speaker. I am a Member of the Departmental Committee on Finance and National Planning that went through this Bill. Going through these two Bills as have been highlighted by the Hon. Leader of the Majority Party, they were all dealing with one thing - the pension schemes for the county government staff. We had the same stakeholders meeting us on two different Bills over one matter. I support this Bill before us.
view
3 Jul 2018 in National Assembly:
First, as opposed to the others that will be brought before us, this is one of the Bills where we tried to find consensus on most of the key items. It is one of the most inclusive Bills that we went through. Look at the composition of the board of trustees, you will notice that there is the Council of Governors, the County Public Service Boards, the representatives from County Assemblies, trade unions and even the staff of counties Secondly, you will realise that matters of this nature involving employees require strong leadership. This Bill has tried to capture and ...
view
3 Jul 2018 in National Assembly:
Another important aspect is the administration of the scheme. We have a fund manager who has been provided for to act as the Chief Executive Officer (CEO). He will take care of the funds and assets of the scheme. Then, there is a custodian to receive contributions from members and ensure they are invested properly. Importantly, this Bill is capturing the contributions aspect. The members are going to contribute 7.5 per cent of their total emoluments and their sponsors will contribute15 per cent. In the private sector, employees contribute less and the sponsors contribute more. However, in the banking sector ...
view
20 Jun 2018 in National Assembly:
Hon. Speaker, I have been intervening for the last couple of days, but you seem not to see my intervention. That is why sometimes I have to raise my hands.
view
20 Jun 2018 in National Assembly:
I do not know whether I will be bringing you back. My opinion - and this is shared by most of us - is that this matter is very serious and, in my view, we need to form a select committee for reasons that you know this matter is coming from Government. You also know the composition of the committees that we are talking about. They are majorly composed in numbers by Members from the Government side. If we are serious that we want to address this matter, let us form a select committee so that we can have a ...
view
20 Jun 2018 in National Assembly:
Hon. Temporary Deputy Speaker, I had already exited that position.
view
20 Jun 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker, for giving me an opportunity to make a contribution on this Bill. From the outset, I would like to say that I support measures which are aimed at realising domestic revenue for running of our economy. I am one of the few who believe that, as Kenyans, we do not need to borrow resources to fund our budget. So, the proposals that are contained in this Bill are justified. Let me begin by talking about the Income Tax proposals. I support the proposal to tax winnings on betting and gaming. This is basically a ...
view